140
140
Nov 12, 2012
11/12
by
CNBC
tv
eye 140
favorite 0
quote 0
after all, as a corporation, we are a technology leader and we need that innovation and technology and ideas every day. >> i guess the only question is why didn't she get the job in the first place? hewson not the only woman breaking the defense ceiling. phebe novakovic will become ceo of general dynamics. lynn is a hudson president of bae systems. corporate vice president glor ja tlach will prove to president of electronics systems at northrop grumman. on fortune's list of the 50 most powerful women in business are many women here and two more. linda gooden at global solutions and joanne maguire at space systems. a quick look at how lockheed is reacting this morning. down after that call. long call this morning with analysts trying to introduce marilyn hewson to those who don't know her, carl. >> with this potential sequester, jane, talk about baptism by fire. her hands full right away. thanks so much, jane wells. >>> bells are about to sound across europe this morning. we'll get the close and the details on the impact here this afternoon just about three minutes and eight seconds fro
after all, as a corporation, we are a technology leader and we need that innovation and technology and ideas every day. >> i guess the only question is why didn't she get the job in the first place? hewson not the only woman breaking the defense ceiling. phebe novakovic will become ceo of general dynamics. lynn is a hudson president of bae systems. corporate vice president glor ja tlach will prove to president of electronics systems at northrop grumman. on fortune's list of the 50 most...
214
214
Nov 13, 2012
11/12
by
CNBC
tv
eye 214
favorite 0
quote 0
avis has a new technology. and people would say, structurely, can zstructure ly, can zipcar survive. >> it must be a validation if all these companies are starting to look at it and see the potential. our estimate is about a $10 million market globally in the top 100 cities. so we welcome more competition. it's not new to us. we certainly had competition for years here in new york and other markets. and we've continued to expand much faster than most of our competitors for that period of time. i think the big thing for us is our brand, right? i mean, most people that think about car sharing and using cars by the hour or cars as a service think of zipcar as kind of the iconic brand. we really represent the category. and that plus our technology, and first to scale really matters in this business. i would say, first in isn't as important as first to scale. it's a classic network affects business, where scale really starts to build on itself, both in terms of marketing and technology investment. so we're going to
avis has a new technology. and people would say, structurely, can zstructure ly, can zipcar survive. >> it must be a validation if all these companies are starting to look at it and see the potential. our estimate is about a $10 million market globally in the top 100 cities. so we welcome more competition. it's not new to us. we certainly had competition for years here in new york and other markets. and we've continued to expand much faster than most of our competitors for that period of...
158
158
Nov 15, 2012
11/12
by
CNBC
tv
eye 158
favorite 0
quote 0
i think it's about markets and the pace of technology and the pace of technology to some degree is governed by -- the lighter side of the venture business grows out of the investments we have made in biomedical search. obviously i benefitted personally enormously from the investments we made in the country in what became the internet sand business in general is supported by the investments we make in infrastructure and bridges, and so on, roads. so the question is are we investing enough in society in order to grow a high-tech nothing economy. and i believe the answer to that is no. >> the trouble is, herb, finally before we let you go, this 1% that we're discussing is a very wide banged. you all work $300 million $350 million that tax rate at that point may be very punitive for someone $250,000 as an annual income for a family. >> at $250,000 there would be no increase at all. this is a marginal tax rate, so we're only talking about four cents out of every dollar above $250,000 and that's a aren't level for society to decide that those who are more fortunate can help society its needs. >>
i think it's about markets and the pace of technology and the pace of technology to some degree is governed by -- the lighter side of the venture business grows out of the investments we have made in biomedical search. obviously i benefitted personally enormously from the investments we made in the country in what became the internet sand business in general is supported by the investments we make in infrastructure and bridges, and so on, roads. so the question is are we investing enough in...
187
187
Nov 19, 2012
11/12
by
CNBC
tv
eye 187
favorite 0
quote 0
the two sectors overweight are technology and health care. they are two sectors that have the most cash on the balance sheet and therefore could benefit from tax reform or certainly any grand bargain that included things like repatriation of cash. to me the sectors trade at discounts to the market and in some cases grow faster and have better balance sheets. i want exposure to that sort of quality in an uncertain time. >> when you talk about the trough to corporate earnings next year, assuming it's not a first or second quarter phenomenon, is that contingent on any development regarding the fiscal cliff talks between now and year end? >> it's a good question. between now and year end not really. i think it has to be that they made some resolution by the middle of february otherwise i think it would be more negative. we take a pretty wholistic view of earnings. a farame work for the markets. we look at the data predicting earnings in the past. things like manufacturing data or the unemployment data or consumer confidence. when we look at that
the two sectors overweight are technology and health care. they are two sectors that have the most cash on the balance sheet and therefore could benefit from tax reform or certainly any grand bargain that included things like repatriation of cash. to me the sectors trade at discounts to the market and in some cases grow faster and have better balance sheets. i want exposure to that sort of quality in an uncertain time. >> when you talk about the trough to corporate earnings next year,...
164
164
Nov 16, 2012
11/12
by
CNBC
tv
eye 164
favorite 0
quote 0
our smart antenna technology is able to in real time go around interference and let devices transmit in a reliable consistent way and let mobile users get the best experience. >> so service providers who are overloaded at various times, maybe at&t overload and how do they signal that it is your turn to help us? >> our systems can learn by itself. in realtime it adapts to the environment. nobody needs to turn any knobs or touch anything. >> in terms of your geographic revenue mix, 65% of sales come from foreign customers. what are geographies you're most exposed to? >> we have geographically distributed. our business came from geography. we're not dependent on any particular region. however, this whole mobile internet is really a secular movement that crosses all regions as well as different markets and so we are not dependent on any single market. >> about 90 million in net proceeds to the company from this ipo. what are you going to do with the money? >> i think we will buy some shoes. no. >> that's a lot of shoes. >> there's a lot of investment to be made. we feel very strong about
our smart antenna technology is able to in real time go around interference and let devices transmit in a reliable consistent way and let mobile users get the best experience. >> so service providers who are overloaded at various times, maybe at&t overload and how do they signal that it is your turn to help us? >> our systems can learn by itself. in realtime it adapts to the environment. nobody needs to turn any knobs or touch anything. >> in terms of your geographic...
220
220
Nov 20, 2012
11/12
by
CNBC
tv
eye 220
favorite 0
quote 0
we like the technology. we think it's going to be an important part of hp software's growth strategy but not as valuable as we had believed it to be because revenues are lower, growth rate we believe will be slower and the margin is not what was reported which was in a 40% to 45% range. we think more 28% to 30% range. as you know when you do a ten-year discounted cash flow you come up with a different valuation and the price of the write-down that was in excess of $5 billion based on misstated financials when autonomy was a public company. >> you were of course on the board of hewlett packard at the time and agreed that the deal was one that should be undertaken. do you regret that decision on your part and on the part of the board at that time? >> obviously with 20-20 hi hindsight we're disappointed by the news. we relied on audited financials. not brand x accounting firm. and that's what you do when you are on a board. you rely on the recommendations of management and the financials audited by a legitimate
we like the technology. we think it's going to be an important part of hp software's growth strategy but not as valuable as we had believed it to be because revenues are lower, growth rate we believe will be slower and the margin is not what was reported which was in a 40% to 45% range. we think more 28% to 30% range. as you know when you do a ten-year discounted cash flow you come up with a different valuation and the price of the write-down that was in excess of $5 billion based on misstated...
189
189
Nov 14, 2012
11/12
by
CNBC
tv
eye 189
favorite 0
quote 0
all of those are being driven by technology. and it's not stopping. it's accelerating. i just wrote a book called "abundan "abundance," i look at how it's creating jobs, bringing the cost of living down and giving us abundance in a range of areas worldwide. >> we talk -- i mean, when -- the word innovation tends to be followed by something like apple or something regarding a smartphone, but there's a lot going on in energy, there's a lot going on in space, there's a lot going on in transportation. where do you think our spot is sweetest right now in this country? >> well, i mean, the united states still remains the top innovation nation. it's the mindset that you're allowed to fail and start again and try again. silicon valley i run an organization where we're incubating about a dozen new companies every year in synthetic biology, in artificial intelligence, robotics. these are the technologies that are going to be as powerful this decade as the web and mobile were in the last couple of decades. it's really allowing small teams to do what only governments and large corp
all of those are being driven by technology. and it's not stopping. it's accelerating. i just wrote a book called "abundan "abundance," i look at how it's creating jobs, bringing the cost of living down and giving us abundance in a range of areas worldwide. >> we talk -- i mean, when -- the word innovation tends to be followed by something like apple or something regarding a smartphone, but there's a lot going on in energy, there's a lot going on in space, there's a lot...